Deer Park Buyer's Guide
Looking to buy a home in Deer Park, VIC? Deer Park sits about 17 km west of Melbourne’s CBD in the City of Brimbank. It’s known for value-for-money family homes, Kororoit Creek green space and a newly rebuilt, elevated Deer Park Station that’s improved rail, bus and park-and-ride access. Market snapshot (at a glance) Houses: latest quarterly median $671,000 (Jan–Mar 2025 quarter; 48 house sales recorded). Median in the prior quarter (Oct–Dec 2024) was $657,500 . Units/Apartments: latest quarterly median $515,000 (Jan–Mar 2025); prior quarter $512,500 . Gross rental yield (units): ~ 4.69%** Momentum — what’s moving right now Government medians edged up from $657.5k (Dec 2024 qtr) to $671k (Mar 2025 qtr) for houses; units held near $512.5k → $515k . Access upgrade: Level crossing removed and a new elevated Deer Park Station opened with a multi-bay bus interchange and ~487 car parks (2023), supporting buyer demand from commuters....